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Upcoming Legislative Activity Important to Real Estate, Week of May 29
Issues this coming week: Budget Committee hearing, advances in AI technology, and the reliability/resiliency of electric service in the U.S. -
NAR: Contract Signings Flat, More Inventory ‘Critical’
The spring homebuying season is milder than in recent years, but it’s not being driven by a lack of consumer interest in housing. -
NAR Applauds Two Supreme Court Rulings Upholding Property Rights
Two Supreme Court Rulings Uphold Property Rights
The Supreme Court ruled in favor of property rights in Tyler v. Hennepin County and Sackett v. EPA. -
Instant Reaction: Mortgage Rates, May 25, 2023
Instant Reaction: Mortgage Rates, May 25, 2023
Following the trend of the bond market, mortgage rates rose to an average rate of 6.57% on a 30-year fixed mortgage from 6.39% the previous week. -
Pending Home Sales in April Remained Flat from March 2023
Pending Sales in April Remained Flat from March 2023
The pending home sales pace in April 2023 showed no movement from the previous month but fell 20.3% from a year ago. -
Long-distance Movers: Why Did They Move and How?
Long-distance Movers: Why Did They Move and How?
Why are homeowners moving, how did they search for their new homes, and how did they ultimately purchase their homes? -
Pending Home Sales Recorded No Change in April
Three U.S. regions posted monthly gains in pending sales in April 2023; the Northeast posted a decrease. All regions saw year-over-year declines in transactions.
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Valuing Market-Resistant Properties
Real estate professionals need to consider both the complexities of the market and the different valuation methods when measuring the effect of a harmful property condition or stigma.
